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estimating hedonic price functions, however, most papers generally remain at the country level with regions generally neglected … price determination. Results suggest that intrinsic values play a major but ambiguous role in determining regional wine … crucial role in price determination, instead of GI use per se. Moreover, individual brands also have an important role, as …
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own-price elasticity of quantity demand for soda of between -1.0 and -1.3. These estimates ignore consumer responses on … the quality margin and correlated measurement errors. We use Mexican household budget survey data and city-level soda … prices to estimate unrestricted demand models that correct for both errors. The corrected own-price elasticity of quantity …
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